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Asia

The Eurasian Economic Union: Power, Politics and Trade

Europe and Central Asia Report N°240, 20 July 2016

Kyrgyzstan's President Almazbek Atambayev (R), Russia's President Vladimir Putin (2nd R), Kazakhstan's President Nursultan Nazarbayev (C), Belarus' President Alexander Lukashenko (2nd L) and Armenian's President Serzh Sargsyan (L) stand for a photograph before a meeting of the Eurasian Economic Union in Astana May 29, 2014.  REUTERS/Mikhail Klimentyev/RIA Novosti/Kremlin

Since its creation in 2015, the Eurasian Economic Union (EEU) has kept only a few of its promises. Its limited economic success cannot mask the many tensions between Russia and its neighbours. Much of the EEU’s future success will depend on its members’ will to shift away from geopolitics a​nd focus on international cooperation, governance, social welfare and migration.

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